EasyPark Regional Solution Implemented in New Hampshire

Portsmouth, NH with neighbor Dover create the first Multi-City program in the U.S. to use EasyPark for public parking needs

On Track Innovations Ltd. (“OTI”) (NASDAQ GM: OTIV) announced today that the City of Portsmouth, New Hampshire is implementing the EasyPark™ electronic parking payment and information system in the City, joining its neighboring city Dover in creating the first regional program in the U.S. to use EasyPark. The EasyPark device enables its users to park interchangeably in both cities.

Portsmouth is a Northeast tourist destination with over 2,500 off-street and on-street public parking spaces in its downtown, follows neighboring city Dover – as well as other cities and colleges, such as UC Davis and the City of Austin - in adopting EasyPark as their parking payment solution. To sign up for the EasyPark program in New Hampshire go to: https://easyparkusa.com/register.

“Like many of our neighboring cities and towns, convenient access to our commercial districts and waterfront areas is important to our residents and business owners,” said Tom Cocchiaro, Portsmouth parking operations supervisor. “EasyPark was a logical addition to the solutions we’re developing for our residents who want an easier way to pay for parking.”

EasyPark is designed to provide municipalities with a ‘one-stop-shop’ for all their parking information and payment needs. EasyPark allows drivers to use an online account to pay for parking without having to pay a meter. All a driver has to do is select the city and parking zone on the EasyPark device and place it in the vehicle in the designated location, according to the city’s requirements. No searching for coins or walking back and forth to a pay and display terminal. The device can be easily connected to the online account via a computer and the internet to load additional funds or download new parking-related information.

Designed to work within the budget constraints of municipalities, EasyPark allows municipalities to retain 100% of parking revenues while providing drivers with a convenient parking payment solution. As the most advanced, leading parking meter-free system, it is already widely-adopted by municipalities around the world.

The EasyPark™ system is perfect for municipalities as it allows for:

Multiple municipalities to use one device

Cost effective, modular implementation

No additional investment in infrastructure required

No maintenance or overhead costs like other systems

May provide additional revenues to the municipality

An easy and convenient solution for drivers

EasyPark eliminates the hassle for a driver to find a working meter, look for coins and then return to their vehicle with a receipt to place on their dashboard. EasyPark enables drivers to simply park and go.

About On Track Innovations Ltd. (www.otiglobal.com)

On Track Innovations Ltd. (“OTI”) designs, develops and markets ID-credentialing, payment and loyalty applications based on its extensive patent and IP portfolio. OTI combines standards-compliant and state-of-the-art, contactless microprocessor-based technologies and enabling hardware with proprietary software applications to deliver high performance, end-to-end solutions that are secure, robust and scalable. OTI solutions have been deployed around the world to address homeland security, national ID, medical ID, contactless payment and NFC solutions, loyalty applications, petroleum payment, parking and mass transit ticketing. OTI markets and supports its solutions through a global network of regional offices and alliances.

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